131 S Federal Highway
Lake Worth, FL 33460
6
Bed
4
Bath
3,112Sqft
13,520Sqft(Lot)
Federal Flats in Lake Worth Beach is a renovated 5-unit multifamily property featuring three studio apartments, one 1-bedroom/1-bathroom unit, and one spacious 3-bedroom/1-bathroom unit. The property is currently generating $9,150 in gross monthly rental income, with one studio vacant and additional income available upon lease-up. Conveniently located near downtown Lake Worth Beach, the Intracoastal Waterway, and the beach, Federal Flats offers immediate cash flow with further upside through stabilization and future rent growth.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: MetalWindow Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Central Cooling: None
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Building Information
Year Built: 1924Building Area Total: 3112Construction Materials: FrameStories: 1Private Pool: NoWater front Features: None -
Exterior Features
Exterior Features: None
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Lot Information
Main Square Feet: 13520 Lot Size Acres: 0.31 Lot Description: QuarterToHalfAcreLotProperty Information
Subdivision: LAKE WORTH TOWN OF Source Property Type: ResidentialIncome Postal Code Plus 4: 4286 Property SubType: Quadruplex Levels: One Property Age: 102
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Listing Price Information
Listing Price: $1500000Cash, Conventional, FHA
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Tax Information
Parcel Number: 38434421150430150 Tax Year: 2025 Annual Tax: $19428.05 Tax Legal Desc: TOWN OF LAKE WORTH LTS 15 & 16 BLK 43
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Parking Information
Parking Total: 4Garage Information
Pets Allowed: NoPetRestrictions, Yes
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School Information
Elementary School: South Grade Junior High School: Lake Worth Senior High School: Lake Worth -
Utility Information
CableAvailable, ElectricityConnected, SewerConnected, WaterConnected -
Location Information
Direction: Use Navigation WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 115 N A Street, Lake Worth, FL, 33460 | $375,000 | -- | 2 | 1,040 | 1,040 SqFt |
| 802 N J Street, Lake Worth, FL, 33460 | $949,000 | 4 | 4 | 2,144 | 2,144 SqFt |
| 1416 N 2nd Ave N, Lake Worth, FL, 33460 | $675,000 | 4 | 2 | 1,359 | 1,359 SqFt |
| 909 S N Street, Lake Worth, FL, 33460 | $1,300,000 | -- | 8 | 4,800 | 4,800 SqFt |
| 130 S Lakeside 1 Drive, Lake Worth, FL, 33460 | $1,850,000 | -- | 2 | 3,408 | 3,408 SqFt |
| 1625 S Federal Highway, Lake Worth, FL, 33460 | $925,000 | 4 | 4 | 1,806 | 1,806 SqFt |
| 221 S Ocean Breeze #1 2, Lake Worth, FL, 33460 | $580,000 | 3 | 2 | 1,904 | 1,904 SqFt |
| 1202 S M Street, Lake Worth, FL, 33460 | $495,000 | 2 | 2 | 1,120 | 1,120 SqFt |
| 301 S M Street, Lake Worth, FL, 33460 | $1,525,000 | 8 | 4 | 3,084 | 3,084 SqFt |
| 301 S L Street, Lake Worth, FL, 33460 | $595,000 | 4 | 2 | 2,146 | 2,146 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 01:37
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